Orenda partners with Nium to implement integrated financing solutions globally
Orenda customers will be able to integrate a range of configurable, code-free financial services products and features across multiple geographies
LONDON, October 27, 2021 / PRNewswire / – Integrated financial services platform Orenda announced today that it has partnered with global payments and card issuing leader Nium in a partnership that will see Orenda leverage from Nium’s BaaS (Banking-as-a-Service) API suite, to provide a code-free, end-to-end serverless banking infrastructure for their customers.
Through this partnership, Orenda can offer payments in over 190 countries in 100 currencies, payments in 35 markets, as well as card issuance capabilities in multiple countries. Orenda will have exposure to larger markets, creating an extended platform for its clients, who seek to offer more diverse financial services across a variety of industries and different geographies.
“To be the first company to launch Nium in the UK and Europe for full-battery BaaS products, demonstrates our commitment and dedication to providing a truly innovative, borderless and global solution. The partnership with Nium has allowed us to cover more ground and quickly expand our services by adding a wider range of products for our customers. Currently, products and solutions include full stack BaaS, as well as virtual and physical card issuance. These solutions have enabled Orenda to bring a codeless financial services product to market quickly and easily,” noted Joshua Vittori, Managing Director at Orenda.
Nium’s BaaS platform enables Orenda to offer a superior one-stop-shop for integrable financial services elements, using innovative features and components that are configurable according to customer needs and expectations.
“We are delighted to partner with Orenda to enhance their product portfolio and we are confident that with this partnership we have created a formidable team in the world of integrated finance. services to companies pursuing global ambitions ”, noted Frederic crosby, Chief Revenue Officer at Nium.
Nium is a leading integrated fintech company that provides banks, payment providers and businesses of all sizes with access to global payment and card issuance services through a single API. Its modular platform enables payments, payments, card issuance and banking as a service.
Once connected to the Nium platform, companies can pay in more than 100 currencies to more than 190 countries, including 85 in real time. Funds can be received in 35 markets, including South East Asia, Great Britain, Hong Kong, Singapore, Australia, India, and the United States.
Nium’s growing card issuance activity is already available in 32 countries, including Europe (SEPA), the United Kingdom, Australia, and Singapore. Core to Nium is its licensing infrastructure, built over time in some of the fastest growing economies. Nium has the largest license portfolio, spanning 11 of the world’s jurisdictions, enabling transparent global payments and rapid integration, across multiple geographies.
For more information visit: https://www.nium.com
Orenda Finance is a one-stop integrated financial services ecosystem that was launched in 2020. We offer a full range of integrated financial services that provides a comprehensive portfolio of financial products and services. A white label solution without any API integration, using our code-free application builder, enabling financial and non-financial entities to create new revenue streams with personalized integrated financial services products. We believe Fintech shouldn’t be just for financial entities and we are passionate about helping businesses of all sizes take advantage of Fintech in an easy, accessible and inexpensive way. This allows our clients to prioritize a customer understanding and distribution strategy rather than a banking infrastructure and payments expertise.
For more information visit https://www.orenda.finance